9/55 Gawler Place
Adelaide, SA 5000

Overview

Set & Forget CBD Medical Investment

This property, Unit 9 at 55 Gawler Place in Adelaide, represents a unique opportunity for investors interested in a secure medical investment located in the heart of the Adelaide Central Business District. Positioned on Level 6 of a prominent CBD building, this office suite is currently leased to a specialised tenant, H.A.B. Dental Laboratory, under a 5 + 5 year lease agreement, providing a stable and reliable income stream.

The tenancy benefits from the strong presence of dental and medical professionals in the surrounding suites, which enhances tenant appeal and supports long-term leasing demand. This specialised tenancy profile underpins the investment's security and potential for rental growth.

The office suite offers a well-configured floor space of approximately 105 square meters, designed to meet the needs of medical and dental practitioners. The building itself is recognised for its established medical and dental presence, making it a sought-after location for such businesses.

Key investment features include:

• A lease to H.A.B. Dental Laboratory extending through to May 2030, with an additional 5-year option available, ensuring long-term tenancy stability.
• Annual Consumer Price Index (CPI) rent reviews, which provide consistent income growth aligned with inflation.
• 105 square meters of functional and adaptable floor space suitable for medical or dental use.
• Location within a prominent CBD building that benefits from an established medical and dental community.
• An estimated net income of $42,652 per annum plus GST as of May 2026, reflecting the property's income-generating potential.
• No stamp duty or GST applicable on the purchase, offering additional financial advantages to investors.

The property is offered for sale by Expressions of Interest, with the closing date set for Thursday, 30 April 2026 at 4:00 pm ACST. This sale method provides prospective buyers with the opportunity to submit their best offers for consideration.

This investment is ideal for those seeking a set-and-forget medical office investment in a prime CBD location, combining secure tenancy, rental growth potential, and a specialised tenant profile. The property’s location and tenant mix make it a compelling addition to any investment portfolio focused on commercial medical real estate.

For further details or to discuss this opportunity, interested parties are encouraged to make enquiries through the appropriate channels.

Note: The floor area is approximate, and the estimated net income assumes a CPI adjustment of 3.4% as of February 2026 for the Adelaide region.

Location